-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...
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Reforming markets, lessons from Bihar -Sukhpal Singh
-The Tribune There has been a big political rush to reform Agricultural Produce Market Committees (APMC) or agricultural markets. It is now known that most of the problems of the farm sector start and end with agricultural markets in some way or the other. The Model APMC Act 2003 provided a road map for the states to amend their APMC Acts in order to provide choice of channels to farmer for sale...
More »Volte-face on Food Security
-Economic and Political Weekly A "high-level" committee makes half-baked recommendations which will rollback the PDS. A ccording to media reports, former Union Minister for Food Shanta Kumar recently disowned the National Food Security Act (NFSA) on behalf of the Bharatiya Janata Party (BJP). He explained, without blinking, that the BJP had just pretended to support the Act when it was being discussed in Parliament, for fear of the possible electoral consequences of...
More »Schooling trap -Yamini Aiyar
-The Indian Express The Annual Status of Education Report (ASER) released last week forced India's policymakers, yet again, to confront the unfortunate realities of our primary education system. In its 10-year history, ASER has challenged the fundamental assumption of elementary education policy: that the expansion of the schooling system would ensure that children learn. Indeed, in the last decade, while the Centre was able to expand the system through the provision...
More »Nutrient facts -Harish Damodaran
-The Indian Express Having decontrolled petrol and diesel, the government's next focus is on containing fertiliser subsidies. Key to this is decontrol of urea and ushering in a system of crediting subsidy payments directly into the bank accounts of farmers. HARISH DAMODARAN explains the existing subsidy regime and the road ahead. * What's so special about urea decontrol? Urea is the only fertiliser whose maximum retail price (MRP) is still fixed...
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